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Korea, China and Japan: Their Trade with the World and Its Impact on New Asian Regionalism ASEAN+3

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Abstract

Success of recent developments in Asian economic regionalism and free trade agreements depends to some significant extent on the continuing role and importance of trade of these economies with themselves and also with the world's major trading blocs. The paper reviews especially the case of Korea, Japan and China's interest in new Asian economic regionalism and FTAs, surveys particularly its important trends in international trade in the past 35 years and discusses how these trends and patterns will affect the Asian 3's growth and provide the background for more effective implementation of ASEAN+3 or even ASEAN+5 or similar bilateral, pluri-lateral and multilateral regional economic integrations in the long term.

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  • Tran Van Hoa, 2002. "Korea, China and Japan: Their Trade with the World and Its Impact on New Asian Regionalism ASEAN+3," Economics Working Papers wp02-13, School of Economics, University of Wollongong, NSW, Australia.
    • Handle: RePEc:uow:depec1:wp02-13
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    File URL: http://www.uow.edu.au/content/groups/public/@web/@commerce/@econ/documents/doc/uow012132.pdf
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    1. Tran Van Hoa (ed.), 2002. "Economic Crisis Management," Books, Edward Elgar Publishing, number 2412.
    2. Tran Van Hoa (ed.), 2001. "The Asia Recovery," Books, Edward Elgar Publishing, number 2211.
    3. Tran Van Hoa, 2001. "The Asia Recovery," Chapters, in: Tran Van Hoa (ed.), The Asia Recovery, chapter 1, Edward Elgar Publishing.
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    Cited by:

    1. Tran Van Hoa & Lindsay Turner & Jo Vu, 2018. "Economic impact of Chinese tourism on Australia," Tourism Economics, , vol. 24(6), pages 677-689, September.
    2. Tran Van Hoa, 2003. "New Asian Regionalism: Evidence of ASEAN+3 Free Trade Agreement From Extended Gravity Theory and New Modelling Approach," Economics Working Papers wp03-03, School of Economics, University of Wollongong, NSW, Australia.
    3. Tran Van Hoa, 2004. "Economic and Financial Crisis Management in Asia: A Critical Analysis," Economics Working Papers wp04-13, School of Economics, University of Wollongong, NSW, Australia.
    4. Tran Van Hoa, 2010. "Impact of the WTO Membership, Regional Economic Integration, and Structural Change on China's Trade and Growth," Review of Development Economics, Wiley Blackwell, vol. 14(s1), pages 577-591, August.
    5. Tran Van Hoa, 2003. "Growth of Asian Regional Trade and Income Convergence: Evidence from ASEAN+3 Based on Extended Helpman-Krugman Hypothesis and Flexible Modelling Approach," Economics Working Papers wp03-02, School of Economics, University of Wollongong, NSW, Australia.
    6. Tran Van Hoa, 2004. "Australia-Thailand Free Trade Agreement: Challenges and Opportunities for Bilateral Trade Policy and Closer Economic Relations," Economics Working Papers wp04-12, School of Economics, University of Wollongong, NSW, Australia.

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